Civic Intelligence

Ame Zion Trinity Housing Development Fund Co Inc.

990 • Fiscal year 2015 • EIN 13-2795194

Nov 01, 2014 to Oct 31, 2015 • Filed on Feb 09, 2016

Organization ProfileN/A
21 Williams StPoughkeepsie, NY 12601

(845) 473-2205

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.33x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

4.73x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Net Margin

30th percentile

-4.6%

Higher net margin than 30% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE L • $10M-$25M nonprofits • Source year 2015

Asset Growth

67th percentile

3.0%

Faster asset growth than 67% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.2%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$10,748,388

Up $311,817 (+3.0%) from 2014

Net Assets

Down

-$3,529,576

Down $139,365 (-4.1%) from 2014

Liabilities

Up

$14,277,964

Up $451,182 (+3.3%) from 2014

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin30th percentile

Revenue

Up

$3,017,938

Up $35,418 (+1.2%) from 2014

Expenses

Up

$3,157,303

Up $62,508 (+2.0%) from 2014

Net Income

Down

-$139,365

Down $27,090 (-24%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $11,712,688Liabilities 2010: $13,369,215Net Assets 2010: -$1,656,5272010Assets 2011: $11,289,532Liabilities 2011: $13,179,713Net Assets 2011: -$1,890,1812011Assets 2012: $10,370,392Liabilities 2012: $13,989,900Net Assets 2012: -$3,619,5082012Assets 2013: $10,567,016Liabilities 2013: $13,844,952Net Assets 2013: -$3,277,9362013Assets 2014: $10,436,571Liabilities 2014: $13,826,782Net Assets 2014: -$3,390,2112014Assets 2015: $10,748,388Liabilities 2015: $14,277,964Net Assets 2015: -$3,529,5762015Assets 2016: $11,157,058Liabilities 2016: $14,768,000Net Assets 2016: -$3,610,9422016Assets 2017: $11,673,374Liabilities 2017: $15,303,131Net Assets 2017: -$3,629,7572017Assets 2018: $11,701,450Liabilities 2018: $15,492,413Net Assets 2018: -$3,790,9632018Assets 2019: $11,877,479Liabilities 2019: $15,537,369Net Assets 2019: -$3,659,8902019Assets 2020: $12,183,156Liabilities 2020: $15,560,697Net Assets 2020: -$3,377,5412020Assets 2021: $12,663,910Liabilities 2021: $12,728,338Net Assets 2021: -$64,4282021Assets 2022: $13,454,294Liabilities 2022: $12,850,851Net Assets 2022: $603,4432022Assets 2023: $13,442,662Liabilities 2023: $12,296,574Net Assets 2023: $1,146,0882023Assets 2024: $14,118,920Liabilities 2024: $12,093,628Net Assets 2024: $2,025,2922024

Highlighted filing

2015

Assets$10,748,388
Liabilities$14,277,964
Net Assets-$3,529,576
Open 2015 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,030,3022010Revenue 2011: $3,054,247Expenses 2011: $3,287,901Net Income 2011: -$233,6542011Expenses 2012: $4,581,9932012Revenue 2013: $2,971,314Expenses 2013: $2,629,742Net Income 2013: $341,5722013Revenue 2014: $2,982,520Expenses 2014: $3,094,795Net Income 2014: -$112,2752014Revenue 2015: $3,017,938Expenses 2015: $3,157,303Net Income 2015: -$139,3652015Revenue 2016: $2,963,960Expenses 2016: $3,045,326Net Income 2016: -$81,3662016Revenue 2017: $3,170,269Expenses 2017: $3,189,084Net Income 2017: -$18,8152017Revenue 2018: $3,163,798Expenses 2018: $3,325,004Net Income 2018: -$161,2062018Revenue 2019: $3,213,911Expenses 2019: $3,082,838Net Income 2019: $131,0732019Revenue 2020: $3,518,235Expenses 2020: $3,235,886Net Income 2020: $282,3492020Revenue 2021: $6,341,506Expenses 2021: $3,028,393Net Income 2021: $3,313,1132021Revenue 2022: $3,807,591Expenses 2022: $3,139,720Net Income 2022: $667,8712022Revenue 2023: $3,928,956Expenses 2023: $3,386,311Net Income 2023: $542,6452023Revenue 2024: $4,234,004Expenses 2024: $3,354,800Net Income 2024: $879,2042024

Highlighted filing

2015

Revenue$3,017,938
Expenses$3,157,303
Net Income-$139,365
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$3,017,938
Mission and Program Overview

Mission

Low income housing rental

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,003,766$8,713,021▼ $290,745
Savings and Temporary Cash Investments$789,147$1,034,100▲ $244,953
Cash and Non-Interest-Bearing Accounts$297,243$672,498▲ $375,255
Intangible Assets$153,749$149,676▼ $4,073
Prepaid Expenses and Deferred Charges$126,015$116,825▼ $9,190
Accounts Receivable$66,651$62,268▼ $4,383
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$10,436,571$10,748,388▲ $311,817
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,406,554$13,241,441▼ $165,113
Accounts Payable and Accrued Expenses$326,173$945,700▲ $619,527
Other Liabilities$94,055$90,823▼ $3,232
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$13,826,782$14,277,964▲ $451,182
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-3,390,211$-3,529,576▼ $139,365
Total Net Assets Fund Balance$-3,390,211$-3,529,576▼ $139,365
Total Liabilities and Net Assets / Fund Balance$10,436,571$10,748,388▲ $311,817

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,398,648$2,094,022$10,492,670
Buildings-$4,770,918$4,770,918
Other Land Buildings$213,802$435,151$648,953
Land$100,000-$100,000
Equipment$571$66,845$67,416
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Richard GilliardVice President
Dale BorchertOfficer
Dr H Dwight BoltonOfficer
Grace RaunickOfficer
Noel PerryOfficer
Rev Peggy E FabrizioOfficer
Carl B ImmichProperty Manager
Linda RaffingtonSecretary
Don McneilTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
New York Management Development CManagement-$177,857
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,013,062
Investment Income
$269
Other Revenue
$4,607
Change in Net Assets
$-139,365

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,017,938
Total Revenue per Audited Statements
$3,017,938
Total Revenue per Form 990
$3,017,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,574,774
Salaries, Compensation, and Employee Benefits$582,529
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$940,322--$940,322
Other Salaries and Wages$582,529--$582,529
Depreciation Depletion$294,818--$294,818
Fees for Services Management$177,857--$177,857
Insurance-$153,104-$153,104
Fees for Services Legal$90,932--$90,932
Advertising$3,002--$3,002
Other Expenses$50$92,192-$50
Total Functional Expenses$2,912,007$245,296$0$3,157,303

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,157,303
Total Expenses per Audited Statements$3,157,303
Total Expenses per Form 990$3,157,303
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$90,823
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI-B, Line 11A

“The Treasurer is responsible for filing the return.”

Part VI-C, Line 19

“The organization has all documents available for public use upon request.”

Part VI-A, Line 3

“The property is managed by New York Management & Development Company, LLC pursuant to a management agreement approved by HUD. The agreement provides for a management fee of 6.00 percent of monthly operating receipts. Such fees charged to operations for the year ended October 31, 2015 were $177,857, of which $0 remains unpaid as of October 31, 2015.”

Filing and Contact Details

Filer

Filer Name
Ame-zion Trinity Housing Development Fund Co
EIN
13-2795194
In Care Of
% NORTHEAST MANAGEMENT
Phone
8454732205
Address
21 WILLIAMS ST, POUGHKEEPSIE, NY 12601

Signing Officer

Name
signer
Title
officer
Phone
8454732205
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Gilliard
Formed
1970
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
11

Preparer

Firm
Cohnreznick Llp
Address
816 CONGRESS AVENUE SUITE 200, AUSTIN, TX 78701
Preparer
Michael S Celkis CPA
Phone
5124949100
Supplemental Narrative

Financial Statement Notes

Schedule D PART X

“pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended October 31, 2015. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2011 remain open. Revenue Service, tax years since 2011 remain open.”

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IRS990/OtherExpensesGrp/Desc0GENERAL AND ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2OPERATING AND MAINTAINING
IRS990/OtherExpensesGrp/Desc3TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt092192
IRS990/OtherExpensesGrp/ProgramServicesAmt0498806
IRS990/OtherExpensesGrp/ProgramServicesAmt1323691
IRS990/OtherExpensesGrp/ProgramServicesAmt250
IRS990/OtherExpensesGrp/TotalAmt092192
IRS990/OtherExpensesGrp/TotalAmt1498806
IRS990/OtherExpensesGrp/TotalAmt2323691
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherLiabilitiesGrp/BOYAmt094055
IRS990/OtherLiabilitiesGrp/EOYAmt090823
IRS990/OtherRevenueMiscGrp/BusinessCd0511110
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04607
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04607
IRS990/OtherRevenueTotalAmt04607
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0582529
IRS990/OtherSalariesAndWagesGrp/TotalAmt0582529
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0126015
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0116825
IRS990/PrincipalOfficerNm0RICHARD GILLIARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03013062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03013062
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0365
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02295923
IRS990/PYOtherRevenueAmt029821
IRS990/PYProgramServiceRevenueAmt02952334
IRS990/PYRevenuesLessExpensesAmt0-112275
IRS990/PYSalariesCompEmpBnftPaidAmt0798872
IRS990/PYTotalExpensesAmt03094795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02982520
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-139365
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03013062
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0789147
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01034100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0269
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0365
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0207
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0209
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0359
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01409
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03017669
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02982155
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03163294
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02852457
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03053988
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015069563
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0269
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0365
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0207
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0209
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0359
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01409
IRS990ScheduleA/InvestmentIncomeCYPct00.00009
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99991
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt015069563
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03017669
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02982155
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03163294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02852457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03053988
IRS990ScheduleA/Total509Grp/TotalAmt015069563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03017938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02982520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03163501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02852666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03054347
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015070972
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04770918
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04770918
IRS990ScheduleD/EquipmentGrp/BookValueAmt0571
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066845
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067416
IRS990ScheduleD/ExpensesSubtotalAmt03157303
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08398648
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02094022
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010492670
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0213802
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0435151
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0648953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt090823
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt03017938
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the year ended October 31, 2015. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2011 remain open. Revenue Service, tax years since 2011 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08713021
IRS990ScheduleD/TotalExpensesPerForm990Amt03157303
IRS990ScheduleD/TotalLiabilityAmt090823
IRS990ScheduleD/TotalRevenuePerForm990Amt03017938
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03017938
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03157303
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Treasurer is responsible for filing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ALL DOCUMENTS AVAILABLE FOR PUBLIC USE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The property is managed by New York Management & Development Company, LLC pursuant to a management agreement approved by HUD. The agreement provides for a management fee of 6.00 percent of monthly operating receipts. Such fees charged to operations for the year ended October 31, 2015 were $177,857, of which $0 remains unpaid as of October 31, 2015.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI-B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI-C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI-A, Line 3
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010436571
IRS990/TotalAssetsEOYAmt010748388
IRS990/TotalAssetsGrp/BOYAmt010436571
IRS990/TotalAssetsGrp/EOYAmt010748388
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,748,388
Liabilities
$14,277,964
Net assets
-$3,529,576
Revenue
$3,017,938
Expenses
$3,157,303
Net income
-$139,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.1$12.1$2.03$4.23$3.35$0.88
2023Detailed filing. Detailed filing data is available for this year.$13.4$12.3$1.15$3.93$3.39$0.54
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$12.9$0.60$3.81$3.14$0.67
2021Detailed filing. Detailed filing data is available for this year.$12.7$12.7$0.06$6.34$3.03$3.31
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$15.6$3.38$3.52$3.24$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$15.5$3.66$3.21$3.08$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$15.5$3.79$3.16$3.33$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$15.3$3.63$3.17$3.19$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$14.8$3.61$2.96$3.05$0.08
2015Detailed filing. Detailed filing data is available for this year.$10.7$14.3$3.53$3.02$3.16$0.14
2014Detailed filing. Detailed filing data is available for this year.$10.4$13.8$3.39$2.98$3.09$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$13.8$3.28$2.97$2.63$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$14.0$3.62$4.58
2011Summary only. Only limited summary data is available for this year.$11.3$13.2$1.89$3.05$3.29$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$13.4$1.66$3.03